Roxy-Pacific Holdings announced that its subsidiary, Roxy-Pacific Goulburn, has signed an agreement with investment firm I-Prosperity Group and private firm Toga D&C to sell them its freehold office building at 59 Goulburn Street in Sydney, Australia for A$158 million ($166.6 million).
The property was jointly marketed by Jones Lang LaSalle (NSW) and Colliers International (NSW). The sale is subject to the findings of a due diligence exercise to be carried out by the buyers, as well as further definitive sale agreements.